Tex. Prop. Code § 64.057 · Subchapter B. ASSIGNMENT OF RENTS
EFFECT OF ENFORCEMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The enforcement of an assignment of rents by a method provided by Section 64.054 or 64.055, the application of proceeds by the assignee under Section 64.059 after enforcement, the payment of expenses under Section 64.058, or an action under Section 64.060 does not:
(1) make the assignee a mortgagee in possession of the real property from which the rents arise;
(2) make the assignee an agent of the assignor;
(3) constitute an election of remedies that precludes a later action to enforce the secured obligation;
(4) make the secured obligation unenforceable;
(5) limit any right available to the assignee with respect to the secured obligation; or
(6) bar a deficiency judgment under any law of this state governing or relating to deficiency judgments following the enforcement of any encumbrance, lien, or security interest.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 636 (S.B. 889), Sec. 2, eff. June 17, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.64.htm
- Text hash
- sha256 e4cbc46459cfe8d45096ac45d2ff9c2f2b31a194faa2f840749da2b73d7eb9fa
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Property Code
- Tex. Prop. Code § 64.054ENFORCEMENT BY NOTICE TO ASSIGNOR.Printed as Section 64.054 or 64.055
- Tex. Prop. Code § 64.055ENFORCEMENT BY NOTICE TO TENANT.Printed as Section 64.054 or 64.055
- Tex. Prop. Code § 64.058APPLICATION OF PROCEEDS GENERALLY.Printed as Section 64.058
- Tex. Prop. Code § 64.059APPLICATION OF PROCEEDS TO EXPENSES OF PROTECTING REAL PROPERTY; CLAIMS AND DEFENSES OF TENANT.Printed as Section 64.059
- Tex. Prop. Code § 64.060TURNOVER OF RENTS; LIABILITY OF ASSIGNOR.Printed as Section 64.060
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.